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SoftBank to Form New Company for U.S. AI Cloud Business

By Yang JieSoftBank is starting a new U.S. venture to rent out the computing power needed to build and run artificial-intelligence models, aiming to capitalize on strong American demand for AI computing resources.Tentatively named SB Neo, the new company enters the so-called "neocloud" market, join…

Dow Jones Newswires en
StocksUS
zacks

MSM Q3 Earnings Call Shows Early Gains in Volume, Cost Reset

MSC Industrial Direct Co., Inc. MSM used its fiscal third-quarter earnings call to argue that its turnaround is moving past disruption and into execution. Management pointed to improving volume trends, firmer national account performance and better operating leverage as signs that recent structural…

Zacks en
StocksUS
dow-jones

SoftBank to Form New Company for U.S. AI Cloud Business

By Yang JieSoftBank is starting a new U.S. venture to rent out the computing power needed to build and run artificial-intelligence models, aiming to capitalize on strong American demand for AI computing resources.Tentatively named SB Neo, the new company enters the so-called "neocloud" market, join…

Dow Jones Newswires en
StocksUS
zacks

Bear of the Day: lululemon (LULU)

Lululemon LULU designs, manufactures, and distributes athletic apparel and accessories for women, men, and female youth.The stock is currently a Zacks Rank #5 (Strong Sell), with its near-term earnings outlook remaining cloudy across the board. It also resides in the bottom 26% of all Zacks industr…

Zacks en
StocksUS
zacks

Bull of the Day: nVent Electric (NVT)

nVent Electric NVT designs, manufactures, markets, installs, and services high-performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings, and critical processes.The stock sports the highly-coveted Zacks Rank #1 (Strong Buy), with its EPS out…

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StocksUS
sharecast

OpenAI wants to give US government 5% stake ahead of IPO

According to a Financial Times report, OpenAI boss Sam Altman has said the move is the best way for the public to share in the upside of artificial intelligence.Citing unnamed people close to the matter, the government and OpenAI are currently in early-stage "conceptual" talks.OpenAI had been rumou…

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StocksUS
zawya

ZAWYA: Workday appoints Bernd Leukert to EMEA Advisory Board

DUBAI, UNITED ARAB EMIRATES – Workday, Inc. NASDAQ:WDAY, the enterprise AI platform for HR, finance, and IT, today announced the appointment of Bernd Leukert to its EMEA Advisory Board, effective immediately. Leukert brings more than thirty years of experience in leadership roles at global technolo…

Zawya en
StocksDEUS
cointelegraph

OpenAI weighs 5% stake for US government amid Trump talks: FT

OpenAI, the company behind ChatGPT, has reportedly discussed giving the US government a 5% equity stake as artificial intelligence oversight in Washington intensifies.The company raised the idea in early discussions with the Trump administration as it seeks to navigate a tougher political environme…

Cointelegraph en
EconomyStocksUS
NEWS dow-jones

Global AI Selloff Extends as Traders Ready for Jobs Day

By Dow Jones Newswires StaffU.S. stock futures were lower in early European trade as AI-related stocks fell across the globe ahead of Thursday's crucial jobs data.Kevin Warsh kept mum on the Federal Reserve's rate-setting path when speaking in Portugal Wednesday. In the absence of forward guidance…

Dow Jones Newswires en
BondsindexStocksUS

2 Food For Thought Microcaps with Outperform Ratings

Here we highlight 2 microcap food plays which seem to be weathering the inflationary pressure on consumer discretionary spend. So what is their “secret sauce”?Let’s start with Dallas, TX-based Rave Restaurant Group, Inc. (RAVE), which franchises out two pizza restaurant brands: Pizza Inn and Pie Fi…

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StocksUS
NEWS stocktwits

Why Is LEU Stock Rising Premarket Today?

Shares of Centrus Energy Corp. (LEU) rose more than 1% in the premarket session on Thursday after the company confirmed a task order from the U.S. Department of Energy (DOE) worth $900 million. The order will entail establishing a large-scale production capacity for High-Assay, Low-Enriched Uranium…

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StocksUS